INSPIRATION
Traditionally, electric power systems use a central architecture during construction that brings a new set of challenges to the industry. IoE addresses several of these challenges and offers greater efficiency and optimal design for building energy systems. The Internet of Energy implements intelligent distributed control through energy transactions between its users. This new energy generation paradigm develops a
smart grid and improves coordination and optimization in the macro-energy system.
Argentine startup NYDRO develops an IoE platform that connects energy developers, consumers, and investors. Their solution leverages blockchain technology to build a complete ecosystem by coordinating fundraising, co-ownership, and trading of renewable energy assets. All the system ingredients create modular smart grids and decentralize energy sources.
The NYDRO energy management platform supports the monitoring and optimization of energy storage facilities.
Indian startup Energeia provides solutions for monitoring, identifying, financing, and implementing energy efficiency within a shared-savings business model. Energeia’s smart meters collect energy data using gateway devices and later send it to an online platform that analyzes this data, ultimately resulting in energy savings. The analytical engine generates consumption trends and predicts potential energy management improvements that it unlocks by changes in the grid process.
